My thoughts on oil - as nations begin easing their lock down restrictions, demand for oil will definitely increase so it's a good bet for me. With all the attention on gold lately, it's quite easy to overlook this 'black gold', but a costly move to continue to do so, in my opinion. Further, Iraq has also pledged to reduce its supply for a further 400,000 barrels per day in Aug and Sep to make up for its overproduction in the last three months which adds on to the appeal of oil in the coming days.
已編輯 10 Aug 2020, 12:37
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